Certificates of Deposit, better known as CDs, are low-risk investment options that allow you to grow your money over a period-of-time. CDs are a great option for people who are committed to saving a set amount of money, since you cannot add money to your investment. Check out the benefits of opening a CD.
You received your tax refund or work bonus… now what? With that large sum of cash, many Americans pay-off debt and make major purchases, but there’s another good option for your cash—investments! We’re not talking about risky stock market investments, but a low-risk option like a Certificate of Deposit.